The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...

Vance has never been a darling of the traditional free-market conservatives that dominate the Republican Vance party. Can he shape Trump’s policy?

President-elect Donald Trump's inauguration comes at a pivotal time in American history. Insulated from controversy, Trump ...

A Congressional watchdog says it is again unable to determine if the federal government's financial statements are reliable.

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, ...